Gelonghui, December 31丨Caihong Display Devices (600707.SH) announced that the company recently received the "Approval on Caihong Display Devices Co., Ltd. to publicly issue Technology Innovation Corporate Bonds to professional investors" issued by China Securities Regulatory Commission (hereinafter referred to as the "CSRC") (Document No. [2024] 1905) (hereinafter referred to as the "Approval"). The content of the approval is as follows:

"1. Approval is granted for your company to publicly issue Technology Innovation Corporate Bonds to professional investors with a total nominal amount not exceeding 2 billion yuan. 2. The issuance of these Technology Innovation Corporate Bonds must strictly follow the prospectus submitted to the Shanghai Stock Exchange. 3. This approval is valid for 24 months from the date of registration approval. Your company may issue Technology Innovation Corporate Bonds in installments within the validity period of the registration. 4. From the date of registration approval until the completion of the issuance of these Technology Innovation Corporate Bonds, if any significant events occur in your company, timely reporting and handling as per relevant regulations shall be done."